Paramount and Skydance have reached an agreement on merger terms, as reported by CNBC. This merger, which has been the subject of much speculation and negotiation, could be officially announced in the days to come. The merger agreement was reached between a Paramount special committee and a buying consortium led…

Paul, Weiss, Rifkind, Wharton & Garrison LLP announced today the addition of Christopher M. Wilson as a partner in its Litigation Department, based in Washington. Wilson, a former trial lawyer at the U.S. Department of Justice’s Antitrust Division, brings experience in antitrust matters including merger control, cross-border antitrust investigations and…

Microsoft is reportedly close to reaching a multi-million-euro agreement with the Cloud Infrastructure Services Providers in the EU (CISPE) to address an ongoing antitrust cloud computing complaint, according to industry officials cited by Politico. Despite these reports, a CISPE representative has denied that any agreement has been finalized. CISPE, a…

Britain’s Competition and Markets Authority (CMA) has initiated an investigation into Nationwide Building Society’s proposed £2.9 billion ($3.7 billion) all-cash acquisition of Virgin Money UK. The deal, announced in March and slated for completion in the fourth quarter of the year, has the potential to establish the combined entity as…

U.S. District Court Judge Yvonne Gonzalez Rogers will determine whether Apple should be held in contempt for violating an injunction aimed at curbing its allegedly uncompetitive App Store practices. According to Courthouse News, the decision follows a Friday hearing, part of a monthlong series, where Epic Games alleged that Apple contravened…

UBS announced on Friday the completion of the merger with Credit Suisse, finalizing the acquisition of its longtime rival that had collapsed last year. The successful merger integrates the main parent companies of the two Swiss banking giants, bringing an end to one of the country’s most storied financial institutions.…

The European Commission approved on Friday a substantial state aid package from Italy to support the construction of a new €5 billion ($5.4 billion) microchip plant by STMicroelectronics (STMPA.PA) in Catania, Sicily. The French-Italian semiconductor manufacturer will receive approximately €2 billion in direct grants from the Italian government to produce…

Global law firm Clifford Chance has announced today the appointment of Michael Grenfell as a Partner in its Global Antitrust Group, based in London. This move is part of the firm’s ongoing efforts to enhance its capabilities in the technology, financial services, consumer goods, and healthcare sectors. Michael Grenfell brings…